1635 Kern Avenue 1-11, Rice Lake, WI

$1,050,000

8,500

Square feet

1.43

Acres

About 1635 Kern Avenue 1-11

Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year. NEW roof on all three buildings September 2025.

Features of 1635 Kern Avenue 1-11

MLS® # 1594737
Price $1,050,000
Bathrooms 0.00
Square Footage 8,500
Acres 1.43
Year Built 1996
Type Single Family
Sub-Type Apartment Building
Status Pending

Community Information

Address 1635 Kern Avenue 1-11
City Rice Lake
County Barron
State WI
Zip Code 54868

Amenities

Parking Asphalt, Driveway
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Oven, Range, Refrigerator, Washer
Heating Baseboard
Cooling Wall Unit(s), Wall/Window Unit(s)
Fireplace No
Fireplaces None

Exterior

Construction Vinyl Siding
Foundation Poured, Slab

School Information

District Rice Lake Area

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $14,342
Tax Year 2024
Agent The Bergeman Team
Office Eau Claire Realty LLC

Listing Details

OfficeEau Claire Realty LLC
Contact Info715-552-1818

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